Daqin Heavy Industry (002487.SZ) plans to invest in multiple wind power projects with a total investment not exceeding 4.38 billion yuan.

Zhijun Financial News APP, DJ Heavy Industries (002487.SZ) announced that the company plans to invest in the construction of DJ Heavy Industry Caofeidian District 700,000 kilowatt onshore wind power project (including 350,000 kilowatt security project and 350,000 kilowatt market-oriented two sub-projects) and DJ Tangshan Fengnan 250,000 kilowatt wind power project through its subsidiary. The total planned capacity of the three projects mentioned above is 950,000 kilowatts, with a total investment not exceeding RMB 4.38 billion; of which, the project's capital contribution ratio is 20%, totaling no more than RMB 876 million, to be paid by the company with its own funds, and the remaining funds to be applied for from financial institutions to obtain matching project loans. The construction period of the Caofeidian security project and market-oriented project is estimated to be 12 months, and the Fengnan project is estimated to be 18 months, with the construction period calculated from the date of project commencement. The operation period after the completion of the project is expected to be 20 years.